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Strategies & Market Trends : Waiting for the big Kahuna

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To: Monty Lenard who wrote (23831)8/10/1998 9:13:00 PM
From: James F. Hopkins  Read Replies (1) of 94695
 
Monty; Thanx, I think this is one kickass indicator, it spots
the trend real fast , a one day anomoly may not mean much,
just over say 3 days is it making lower lows or higher highs,
it's a real good short term trend spotter.

I screamed short on July 16th..I would love to see just the
NYSE leading up to that say a week or so.

And I went long the DIA on the 5th, of course I was stopped
out, then bought , then sold, then bought, then sold again
today, ALL that for about $100 profit after commission,
had I been more certain and not jumping in and out and just
sold today I'wldv done a little better.
I just been playing 100 shares to get the feel.
I may switch to the MDY on my next buy.
I like that +20 DMA count on the whole lot of them.
Jim
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